(Mercantile) Mercantile complete technical analysis [charts+indicators] | Buy/Sell Mercantile | (Mercantile) share price targets
Complete technical analysis of Mercantile (Mercantile) by charts plus indicators, forecast predictions and share price targets for Mercantile (Mercantile)
Showing technical analysis as on 2025-01-16 View latest technical analysis
10 day averaged volume of Mercantile is 2124
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 23.32 | 23.65 | 23.99 | 22.90 | 1.901 times |
| 15 Wed Jan 2025 | 23.65 | 23.74 | 23.74 | 22.15 | 0.858 times |
| 14 Tue Jan 2025 | 22.50 | 22.21 | 23.79 | 22.10 | 0.413 times |
| 13 Mon Jan 2025 | 22.21 | 23.00 | 24.00 | 22.10 | 0.513 times |
| 10 Fri Jan 2025 | 22.55 | 23.54 | 23.66 | 22.52 | 0.39 times |
| 09 Thu Jan 2025 | 23.55 | 22.69 | 24.19 | 22.61 | 1.602 times |
| 08 Wed Jan 2025 | 23.33 | 23.10 | 23.43 | 22.90 | 0.823 times |
| 07 Tue Jan 2025 | 22.96 | 23.51 | 23.51 | 22.56 | 0.295 times |
| 06 Mon Jan 2025 | 23.51 | 23.55 | 24.50 | 22.75 | 4.345 times |
| 03 Fri Jan 2025 | 23.55 | 22.32 | 23.80 | 22.32 | 0.546 times |
My analysis of stock is bullish for shortterm, and stock might move up till 23.8 or till 24.4. Use a stoploss of 23.3 and if this stock hits its stoploss, then it can fall down till 22.79
Share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Target | 22.10 |
| Downside Target | 23.10 |
| Upside Target | 23.71 |
| Upside Target | 24.50 |
| Upside Target | 24.70 |
| Upside Target | 24.75 |
| Upside Target | 24.98 |
| Upside Target | 26.92 |
| Upside Target | 27.39 |
| Upside Target | 27.89 |
Intraday share price targets for Mercantile (Mercantile)
| Target Type | Value |
| Downside Intraday Target | 22.28 |
| Downside Intraday Target | 21.24 |
| Upside Intraday Target | 24.18 |
| Upside Intraday Target | 25.04 |
| Downside Intraday Target | 23.14 |
Weekly technical analysis of Mercantile (Mercantile)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 23.32 | 23.00 | 24.00 | 22.10 | 0.494 times |
| 10 Fri Jan 2025 | 22.55 | 23.55 | 24.50 | 22.52 | 0.978 times |
| 03 Fri Jan 2025 | 23.55 | 23.01 | 24.70 | 22.32 | 0.752 times |
| 27 Fri Dec 2024 | 23.13 | 22.19 | 24.75 | 22.19 | 1.098 times |
| 20 Fri Dec 2024 | 22.75 | 23.80 | 24.40 | 22.32 | 0.939 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Mercantile (Mercantile)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 16 Thu Jan 2025 | 23.32 | 23.94 | 24.70 | 22.10 | 0.299 times |
| 31 Tue Dec 2024 | 23.06 | 24.98 | 24.98 | 22.19 | 0.848 times |
| 29 Fri Nov 2024 | 23.85 | 26.80 | 27.39 | 22.30 | 1.119 times |
| 31 Thu Oct 2024 | 25.78 | 25.20 | 26.92 | 23.10 | 0.855 times |
Scroll below to view daily charts
Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Mercantile (Mercantile)
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.35 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile ( (Mercantile) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile ( (Mercantile) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Mercantile ( (Mercantile) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Mercantile stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Mercantile in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Mercantile Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Mercantile in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Mercantile is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 23.35 and Mercantile (Mercantile) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Mercantile (Mercantile) stock. Volume based technical analysis of Mercantile (Mercantile) stock is negative.
Mercantile Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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